ANALOG DEVICES INC false 0000006281 0000006281 2024-11-17 2024-11-17

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 17, 2024

 

 

Analog Devices, Inc.

(Exact name of Registrant as Specified in its Charter)

 

 

 

Massachusetts   1-7819   04-2348234

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

One Analog Way, Wilmington, MA   01887
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (781) 935-5565

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange

on which registered

Common Stock $0.16 2/3 par value per share   ADI   Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 17, 2024, Gregory Bryant notified Analog Devices, Inc. (the “Company”) of his decision to resign as Executive Vice President and President of Business Units of the Company to explore other opportunities, effective upon the appointment of his replacement by the Company’s Board of Directors (the “Board”). Mr. Bryant will remain employed by the Company through March 31, 2025, to assist in the transition of his role and responsibilities.

Mr. Bryant’s decision to resign does not relate to any disagreement with the Company or its Board on any matter relating to the Company’s operations, policies, practices, or financial performance.

 

Item 7.01.

Regulation FD Disclosure.

Following Mr. Bryant’s resignation, on November 19, 2024, the Board appointed Martin Cotter as Senior Vice President, Vertical Business Units, effective as of December 1, 2024. In this role, Mr. Cotter will have oversight of the Company’s vertical business units. Mr. Cotter currently serves as the Company’s President of EMEA and Senior Vice President of Industrial & Multi Markets Business Unit, and prior to that he served in roles of increasing responsibility at the Company for over 35 years.

The information in this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information contained in this Item 7.01 shall not be incorporated into any registration statement or other document filed by the Company with the U.S. Securities and Exchange Commission under the Securities Act of 1933, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: November 20, 2024   ANALOG DEVICES, INC.
.     By:  

/s/ Janene I. Asgeirsson

            Janene I. Asgeirsson
            Senior Vice President, Chief Legal Officer and Corporate
Secretary
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Document and Entity Information
Nov. 17, 2024
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Entity Registrant Name ANALOG DEVICES INC
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Entity Central Index Key 0000006281
Document Type 8-K
Document Period End Date Nov. 17, 2024
Entity Incorporation State Country Code MA
Entity File Number 1-7819
Entity Tax Identification Number 04-2348234
Entity Address, Address Line One One Analog Way
Entity Address, City or Town Wilmington
Entity Address, State or Province MA
Entity Address, Postal Zip Code 01887
City Area Code (781)
Local Phone Number 935-5565
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Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Common Stock $0.16 2/3 par value per share
Trading Symbol ADI
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
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